What are five ethical practices children should observe when using pocket money?

Here are five ethical practices children should observe when using pocket money:

i) Saving a portion of their money for future needs or goals.

ii) Budgeting their money by planning how to spend it wisely.

iii) Spending responsibly on essential items or things they truly value, avoiding impulse purchases.

iv) Avoiding unnecessary borrowing from friends or others.

v) Being honest about how much money they have and how they use it.